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Patapsco Bancorp, Inc. operates through its subsidiary, The Patapsco Bank (the Bank). The Company is primarily engaged in the business of directing, planning and coordinating the business activities of the Bank. The Bank is a commercial bank operating through four full-service offices located in Dundalk, Carney, Glen Arm and Baltimore City, Maryland. The primary business of the Bank is to attract deposits from individual and corporate customers and to originate residential and commercial mortgage loans, commercial loans and consumer loans, primarily in the Greater Baltimore Metropolitan area. The Bank provides mortgage loans, fixed rate home equity loans, home equity line of credit, homebuyer assistance, commercial mortgages, land acquisition and development loans, commercial construction loans, small business loans, business term loans and others. The Bank also provides services like cash management, mobile banking, online banking, IRAs, merchant services and others.
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